The Indian startup ecosystem’s efforts to carve out a leading position among the top economies of the world and to compete with other emerging startup nations merits a comparison on an international scale. Hence, in this report, we have compared the Indian startup ecosystem with its counterparts.
While ecommerce, fintech, and consumer services emerged as the top funded sectors of 2018, there were some startups that surpassed experts’ expectations. One such startup that left everyone surprised with its superlative growth is B2B ecommerce platform Udaan, which raised a total of $275 Mn in 2018, taking its valuation to $1 Bn and earning it the epithet of the fastest startup to enter the unicorn club in India (it was 26 months old when it achieved the feat).
Stay on top - Get the daily news from Inc42 in your inbox